Elliott Wave Analysis of USDJPY – October 2nd, 2023
USDJPY climbed further last week after Japan's former Vice-Finance Minister implied that 155.00 is the level to watch for a BOJ intervention.
The latest Elliott Wave analyses of the FOREX markets. Millions of traders are trading the euro, dollar, yen, pound and other currencies every day now. Elliott Wave can help you make sense of all the ups and downs and gives you better perspective in you trading. Below you can find our view on markets like EURUSD, USDCAD, USDJPY and more forex pairs.
USDJPY climbed further last week after Japan's former Vice-Finance Minister implied that 155.00 is the level to watch for a BOJ intervention.
USDJPY rose to a new 2023 high as mixed signals from the Fed made forex traders wonder if a rate hike pause is really...
USDJPY rose to a new 2023 high as mixed signals from the Fed made forex traders wonder if a...
USDCAD was down by over 150 pips at one point last week, but managed to recoup most of its losses and close on a...
USDCAD was down by over 150 pips at one point last week, but managed to recoup most of its...
EURUSD fell for the second week in a row, breaking through several intraday support levels. Where are the bears ultimately headed? Read in our...
EURUSD fell for the second week in a row, breaking through several intraday support levels. Where are the bears...
Despite wide expectations for a pause in the Fed's tightening campaign, USDJPY is up this week as the BOJ sticks to its ultra-loose policy....
Despite wide expectations for a pause in the Fed's tightening campaign, USDJPY is up this week as the BOJ...
After Elliott Wave analysis prepared us for the current drop in EURUSD, it is now giving a hint of where are the bears ultimately...
After Elliott Wave analysis prepared us for the current drop in EURUSD, it is now giving a hint of...
In today's Elliott Wave update we examine how this week's initial drop in USDCAD changes its short-term outlook, if at all.
In today's Elliott Wave update we examine how this week's initial drop in USDCAD changes its short-term outlook, if...
USDJPY rose slightly last week, helped by decelerating April inflation and despite expectations for a pause in the Fed's rate hike cycle. Can the...
USDJPY rose slightly last week, helped by decelerating April inflation and despite expectations for a pause in the Fed's...
EURUSD plunged sharply last week after April's inflation deceleration suggested the Fed is likely to abstain from another rate hike. How much further can...
EURUSD plunged sharply last week after April's inflation deceleration suggested the Fed is likely to abstain from another rate...
USDCAD surged sharply last week, helped by the weakness in the price of crude oil. How much further can the pair climb before the...
USDCAD surged sharply last week, helped by the weakness in the price of crude oil. How much further can...
In today's Elliott Wave update of EURUSD we examine the pair's entire rally from 0.9536 and identify the key level traders must pay attention...
In today's Elliott Wave update of EURUSD we examine the pair's entire rally from 0.9536 and identify the key...
USDJPY is slightly up for the week in anticipation of today's US inflation report for the month of April. In today's Elliott Wave update...
USDJPY is slightly up for the week in anticipation of today's US inflation report for the month of April....
USDCAD is hardly changed so far this week as forex traders brace for more inflation data to shed light on the Fed's intentions going...
USDCAD is hardly changed so far this week as forex traders brace for more inflation data to shed light...
CADJPY is yet another example of a currency pair producing impressive long-term gains. The rate surged from a pandemic low of 73.81 in March,...
CADJPY is yet another example of a currency pair producing impressive long-term gains. The rate surged from a pandemic...
BOJ sticks to its ultra-loose monetary policy, while the Fed just raised rates for the tenth time in a row. Yet, USDJPY fell anyway...
BOJ sticks to its ultra-loose monetary policy, while the Fed just raised rates for the tenth time in a...
Neither the Fed's latest rate hike nor the crash in crude oil prices could prevent USDCAD from plunging as well last week. How does...
Neither the Fed's latest rate hike nor the crash in crude oil prices could prevent USDCAD from plunging as...
EURUSD closed the first week of May mostly unchanged after both the Fed and the ECB raised their benchmark interest rates by 25 bps....
EURUSD closed the first week of May mostly unchanged after both the Fed and the ECB raised their benchmark...
It is not the job of a currency pair to rise 17% in a matter of months. That’s what stocks and crypto are for....
It is not the job of a currency pair to rise 17% in a matter of months. That’s what...
Even wide expectations for another rate hike by the Fed can't help the bulls in USDJPY this week as traders seek refuge in the...
Even wide expectations for another rate hike by the Fed can't help the bulls in USDJPY this week as...
USDCAD is up sharply this week, helped by a selloff in crude oil prices and expectations for another rate hike by the Fed later...
USDCAD is up sharply this week, helped by a selloff in crude oil prices and expectations for another rate...
EURUSD is up slightly this week despite decelerating Eurozone inflation and expectations for another Fed rate hike later today. Can the bulls be relied...
EURUSD is up slightly this week despite decelerating Eurozone inflation and expectations for another Fed rate hike later today....
USDCAD surged to almost 1.3670 last week, but the bulls couldn't maintain momentum and eventually lost most of their gains by Friday. Can the...
USDCAD surged to almost 1.3670 last week, but the bulls couldn't maintain momentum and eventually lost most of their...
EURUSD almost made it to the 1.1100 mark last week, before closing below 1.1020 on Friday. Is this the right time to join the...
EURUSD almost made it to the 1.1100 mark last week, before closing below 1.1020 on Friday. Is this the...
USDJPY surged again last week as the Bank of Japan kept its ultra-loose policy in place while US inflation decelerated further. How much further...
USDJPY surged again last week as the Bank of Japan kept its ultra-loose policy in place while US inflation...
USDCAD keeps climbing helped by the weakness in the price of crude oil and the anticipated 25 bps Fed rate hike next Wednesday, May...
USDCAD keeps climbing helped by the weakness in the price of crude oil and the anticipated 25 bps Fed...
EURUSD keeps its choppy and overlapping ascent going despite wide expectations for another 25 bps Fed rate hike on May 3rd. In today's Elliott...
EURUSD keeps its choppy and overlapping ascent going despite wide expectations for another 25 bps Fed rate hike on...
USDJPY is down so far this week despite expectations for another 25 bps rate hike to be announced by the Fed on May 3rd....
USDJPY is down so far this week despite expectations for another 25 bps rate hike to be announced by...
USDJPY bulls gained some more ground last week as traders brace for another 25 bps to be added to the Fed funds rate in...
USDJPY bulls gained some more ground last week as traders brace for another 25 bps to be added to...
USDCAD surged sharply last week, helped by an equally steep drop in crude oil prices and expectations for another rate hike by the Fed....
USDCAD surged sharply last week, helped by an equally steep drop in crude oil prices and expectations for another...
EURUSD was on track for a notable weekly drop, but the bulls managed to fight back and the pair closed just a few pips...
EURUSD was on track for a notable weekly drop, but the bulls managed to fight back and the pair...
Elliott Wave analysis is different from other types of technical analysis, because it puts everything into context. No head & shoulders patterns just hanging...
Elliott Wave analysis is different from other types of technical analysis, because it puts everything into context. No head...
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